Category Archives: Making Partner

Transitioning to Partner

Towards the end of the calendar year most law firms announce the elevation of their new partnership classes. Although the demand for legal services picked up somewhat since the end of the recession, especially in transactional areas of practice, firms remain conservative in their partnership decisions. What does it really mean to become a partner? …
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New Definitions of Partnership

The typical lawyer’s career track changed dramatically about 25 years ago. Until then, it was usual for a lawyer to join a firm upon graduation from law school, work hard as an associate for five to seven years, and then, in most cases, become an equity partner, staying until retirement or death. In the late…
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The Right Stuff

Do you have the right stuff to make partner? At the top firms, studies show that associates who join right out of law school have a 10% chance of making partner at their firm; lateral associates have a 17% chance. Nearly ¾ of all associates leave the first firm they join after law school graduation,…
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Partnership Pursuit Begins Day One

The partnership track at most major law firms is seven to ten years long, and wise associates will make use of the entire time to position themselves for the nod. Making a concerted effort during the last year or two may be too little, too late. At the beginning of an associate's career, the top…
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